Did we find the ideal 🇵🇭 Philippines condo in Uptown BGC?
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- Опубликовано: 26 сен 2024
- If you're interested in these Uptown BGC condo developments, you can contact Ciryl for more information:
Ciryl Luciano
Senior Sales Director
+63 917 112 7162 (Viber | Whatsapp)
ciryl.megaworld@gmail.com
We're in no rush to buy, but now that we live part-time in Metro Manila's BGC neighborhood, we're actively touring BGC apartments and condos to get a feel for pricing, other costs, and more.
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Condo buying tips … get 2 parking spaces with the condo. You can actually rent out the parking space or sell it. For investment, maybe 1 bd room unit might be better than a 3 bd room unit. For other costs - Check the association fee, they charge for the parking spaces and common area outside your unit so it might be as high as P10k monthly. Water charge might be higher since they charge you commercial rates over residential rates ~ 4k a month. Electricity ~ 10-15k a month. Property tax - yearly I pay about 25k to Taguig. Good luck in your condo hunt.
Thanks for the tips! 👍🏻
Uptown BGC is in fact in BGC. I would be cautious on the north side of the building. That’s the side next to their next project “Uptown Modern”.
It looks like the living room windows in our unit face northwest.
And Im so glad that they sold the 40%, don’t need Vloging in UA
A simple tip in buying a condo unit is to always ask if they’re offering parking spaces, with or separate from the unit itself.
Ahh thanks 👍🏻
We will have one space and don’t anticipate getting a car. Maybe just visitor parking for relatives
Be careful there are hidden charges as well
Making it Happen and Juicy Vlog are having a hard time selling their condos. Beware! If you really need to buy, there are lots of 5 to 10 year old condos that are half or more than half the price that new condos are selling for. Just have it renovated by a license architect or interior designer.
Good to know. Thanks
Very true. They are begging people to “rent to buy”.
It was also Cyril who sold their condos 😂
yea.. she is only good at selling pre-selling units by developer but not the units that are being sold by unit owners themselves!
Truth! They fell for the easy installment payment scheme offered by Megaworld but they didnt do the math except for the fact that they can afford the monthly amortization. they failed to research the resale value and comparables of the units within their own buildings for their potential competition when the time comes they wanna sell. in short, like most buyers falling for the easy installment plans, they didnt do the accurate and complete math!
My day off, and a new episode! Day is going well :)
Yay! 👏🏼 happy to entertain you 😊
We appreciate your vlog. It allows other people who wish to buy a condo to view their possibilities and what they should consider. Have a good one.
Great 🤩 we’re happy to help!
BGC is a sure bet, but I doubt that the subway would really make a difference for the actual residents. In the Philippibes, those who can afford 20M+ homes don't usually take public transpo - a hard lesson I learned. In fact, most upscale residential development try to stay away from mass transit stations to keep the ordinary crowd away and to exude exclusivity. Also, by the time the subway is built, there will be a new Manila International Airport in Bulacan
Its really nice to walk around BGC. Its exercise at the same time
It is! 💯 and we love it.
I did that every day on my last visit
I'm a new subscriber and I've been binge watching all your vlogs. I like how you present your vlogs. It's like watching a reality tv show.
Highly recommended close to future Subway. My condo overlooks Makati skyscrapers across Mitsukoshi Mall...super like it.No regret.
Check out Rockwell Center in Makati especially at night. Whole different level. At the center of it is their Power Plant Mall. And different condo developments sprouting out. Though a smaller district, its more exclusive than bgc
Yes, they should def. see it. I think they might like it more than BGC.
Another plus of the Uptown Mall area is, that the ISM International School Manila, as well as the BSM British School Manila and the Japanese School, are all just on the other side of the road. They all are top notch schools with great teachers.
Even it is not so interesting for you guys, as you do homeschooling and are not at one place constantly - for other people who are there most of the year, and want their kids to have a more traditional school experience, this is an absolute plus, as they dont even have to worry how they get to school and back :)
Maybe you guys could do a tour at the ISM? Even though your kids do homeschooling, because for a lot of viewers this could be interesting and make the step of moving to the Philippines easier, if they have kids..
(PS: Regarding other schools, depending on nationalit: Korean International School is near Venice Mall, also in the area. Only exception is the German/European International School, as it is in Paranque, for those who might wonder..)
Cyril is like the go to person for condos in bgc. But be careful cuz we dont know if she will assist u in selling the condos too. As others have said, juicy n making it happen r still selling their condos.
It seems like it would be hard to sell right now with so many new developments and options for buyers.
the resale market is a different ball game. youll only realize its not easy to exit your condo investment once you start to resell your unit as there are hundreds or even thousand other units in your buillding selling their units.
Why buy condo unit then sell after a year with hight profits😅
@@aroque867 its flipping it for high profit.
Uptown resident here, Uptown is in BGC :)
I currently live in One Uptown. Best place, love the view and waking up witnessing the sunrise 😍 wish we could be neighbors soon! Also, One Uptown guards and receptionists are soooo nice!
Whoa 😳 you’re New Channel Grows Fast, I Remember your Other Channel, Was a long time before u hit a 100k … Happy for u Guys 👍👍👍✌️💪👌🙏💕
Thank you! We appreciate the support 🤗🤗🤗
Wow welcome here in Philippines all of you guys ❤❤❤
You can ask the Agent to put you on the reservation list just in case someone is gonna back out. 'coz for sure for most of the time someone is
I’m a new subscriber from CA USA ! I & i marathoning your vlogs lol 😝 love your channel showcasing the beauty of Philippines & the people
I miss BGC & Palawan and Bicol . You’re an amazing family . Your kids are adorable and love to vlog as well 🎉❤
Glad u made Philippines as your second home and no doubt you will love ❤️ it there . I’m planning to visit in July hoping to meet u guys ❤TC
And yes here in SoCal esp prices of houses and food
everything is ridiculously high and economy not as good 👍
Cyril is sooo famous, hehe. This is the 4th (or maybe 5th?) youtube channel i've seen her in. 😁
Their price - did not say what floor that would be on, don't forget the monthly dues. Not sure what taxes would be in such
a up scale area. For me, the buildings are way too tall. Good luck in the home search.
I agree about the height. I don’t like being in high floors.
Nice and informative content and yes your viewers benefited with all the ideas you are presenting
If you have a Filipino friend that you can trust, you can ask them to buy it under their name first and by the the time go by you can transfer it under your name.
I like charming Cyril. Units look nice. But beware of Megaworld condos. There are many disgruntled customers due to horrible leaking ceiling experiences.
Oh really? We’ll have to look into that.
@@livethephilippines Look into the top developers in the PH.. There's Megaworld, Ayala Land, FBDC, Federal Land, SMDC, etc.. All have low/mid to high-end developments, but some like Ayala Land, their mid is already high end for Megaworld (in some cases). Please do some research because it's not always the properties. You also have to get the right developers.
I’m just lucky I bought the condo in bgc uptown parksuites way back 2012 pre selling, still dirt no building at all. I got it 12 M for 2-1/2 bed room . When I bought it my husband doesn’t know because for sure he will say no 🥶Now the price is 27 M 🤗 he just found out when he received the payment receipts from Megaworld 😂🤨
Oh man, that’s a great investment!
@@livethephilippines thank you 😊🙏 yes there is condo on top of mitsokoshi mall
Good to see Cyril on RUclips land again. She should start her channel. Been getting her email updates on Megaworld properties.
Awesome! She is so sweet and great to work with 🤗
She is! @@livethephilippines
Cyril does have a RUclips channel. It’s called “Condo Tour”.
Oh great! Thank you much. Just subscribed to her. Subscribed to you as well. Salamat. @@MakatiMazz
Great episode! Since Colt loves Mitsukoshi Mall so much, why don't you check out The Seasons Residences?
Better option than Megaworld
I would do Ayala Alveo, Ayala Premiere, Seasons Mitsukoshi for your planned future rental, resell. Thank me later..
THIS!
My suggestion and if they allow it, place you in a Call List of owners reneged on their contracts or had a change of heart and wants someone else to takeover. Have them contact you in a year or two when you're ready to actually move.
They should give you month stay in megaworld for promoting their new Condominium
We would take them up on that 🤗
It cost half as much as similar unit in Los Angeles, but is newer, much nicer, and better located. And HOA fee will be about 15-20% of those in LA. One difference is that in US, one can put as litlle as 10-15% down, with a 30 yrs mortagage at 6-7% interest. In short, a monthly payment that's equal to monthly rent
omg 5000 more and you'll get to 100K!!! woohoo!
Look at the seasons
We love the Seasons!
Awww she’s really a sweet gem ❤
The best 💯
I bet the "foreigners" who gobbled up the bulk of the 40% are mainland Chinese investors/speculators. I've known one that bought 80 units in one go, from another development. Funds are pooled from several other smaller investors
No bet needed, it actually is. But many of them are selling their properties because government is clamping down on POGOs and because of WPS issue so prices are seen to moderately decrease.
It’s a good investment! You can rent it out too. 👍 Good luck! 🍀
Thanks 😊
Why does the laundry room not have a dryer? Why don't they choose a refrigerator with an external water and ice dispenser?
Oh wow I think I’m interested to buy one and sell it later. I like what the realtor said.
I would love to show you The Seasons Residence, just above the Mitsukoshi mall. It has a Japanese concept from the building construction to the interior.
We can’t wait to look at those 🤩
@livethephilippines it's a pleasure to give you a tour. Just say the date and time!
So what's the point of going through it all if the foreigner cap has been reached ?
Because she wanted to show us the Modern building but I think the completion date is too far out for us.
your daughter has her own world very funny. doing crazy things in the background
One option to obtain permanent resident visa which allows purchase of real estate up to 1,000 sqm limit
Philippine the place 🇵🇭😚🇺🇸
💯❤️🇵🇭
Megaworld doesn’t maintain their buildings. Look at those condos around Venice in McKinley.
Uptown condos get so busy coz they allow AirBnb especially One and Two Uptown. It’s so stressful seeing a lot of outsiders at the lobby. Slow elevator.
Actually you can lease a land for 25yrs and extendable for another 25yrs. A good more time to think about owning and with leases you can actually take the property as if its your own. And probably in a few years you might just be able to own the property in a few years by law.
There is a more favorable property investment market in the United States. A condo purchase in the Philippines may be a good investment if you live in it long-term or use it as a long-term rental. The more expensive the unit is, the more difficult it will become to rent it out. A condo purchase for resale is risky. The market is flooded with condo sales and is oversaturated.
My husband and I considered buying unit in BGC but we changed our mind because aside from HOA you have to pay location fee monthly. Not only that, the guy that was selling us the unit didn't even mentioned it until I said something.
Typical lack of disclosure, and sometimes some agents outright being untruthful, while developer "fine prints" in contract disavow any claims by their agents. And that's shown to buyers only after taking a substantial deposit or downpayment. Housing regulatory board is almost useless w/ regards to consumer protection
You have to check the resale market prices, then youll have an idea if youll really net an income from buying and selling or youll actually lose money because other units similar to yours are selling for a lower price vs what you paid for because they purchased earlier than you.
plus you will find so many resale units that have been in the market for several years already with no takers. so many supplies of condos for sales but buyers arent that many even if Bgc is the place to be. theres just too many listings for sale from both the resale and preselling inventory.
Funny thing is, most Filipinos rather keep their condos in the market for years rather than sell at a lower price. And some would also choose to keep their units vacant for months orw years rather than rent out at a lower price. That, unfortunately, result in a stalemate with so many condos lying empty
BGC is really the best Smart City here in the Philippines.
But do you know that there's a CBD near BGC that's 10 minutes drive away, which the price of the condo property is more reasonable?
🥰
wow megaworld one of the best developer.
or....... you can ask your viewer foreigner who bought from this unit ,to sell to you thier unit😉also i dont know why foreigners dont know they can buy 100% ownership condos
We actually are in contract with a unit at Uptown Modern. Maybe we'll be neighbors.
Ah, that would be cool!
Everybody loves Uptown mall area
It’s such great spot. So much to do there.
Selling condos in PH is difficult once you bought it. It is generally difficult to sell a used a property in that price range. Most foreigners & rich Filipinos would want to buy a new one & general population can't afford it. It's not like in Europe or US. I suggest you buy something for investment rather than a place to stay.
I imagine it’s hard to sell right now because there are so many options in the market.
@@livethephilippinesabsolutely
There is a heat wave recently hope you wear sunscreen or use umbrella
Did you guys check the Mitsokushi condos , The Seasons in Uptown. They are earthquake proof.
Not yet but we will!
time 20:39 Colt is putting a leaf on Brooklyn's head. He is pushing his luck. I hope is health ins. is paid up.
lol. 😆 they were full on siblings that day
You can make friends with a Philippines citizen and they can buy the house 🙏❤🤗 then you can help your Philippine friend 👍❤️ and there family that would be righteous you could build your own house design it yourself So guys number one mission in the Philippines is to make loyal friends and that’s easy in the phillipines. When you go into the provinces 🤗 and it’s so much better for the environment. To live in the country ….. you will save soooo much money you could help that family a lot and …you will be seen by us subscribers as a family that came to the phillipines not only to live ….or make money. But to help the people which is very important as I’m sure you know 🙌
Uptown is amazing and the price is wonderful actually. too bad they were 40% booked already for you guys. Hopefully the uptown modern will be on time for you guys.
Unfortunately the Modern is too far out.
Wow one of the subway station is there near uptown, mitsokoshi & others
It’s going to be so convenient! Especially getting to and from the airport.
more real estate vlogs pleaseeeeee.
Hello guys! I love your condo shopping, but I would consider buying a house and lot in Tagaytay worth Php 10,000-20,000 than buying an expensive condo unit along BGC area. Tagaytay is not that far in Manila, they have also lots of great restaurants and malls there and nice climate as well.
Wow that looks so awesome, have a good day guys
Thank you! You too! 😊
@@livethephilippines ty and yw
My Filipino wife and I have watched a couple of your videos about condos in the BGC area. We both agreed that they are beautiful condos, but after seeing the youtube videos from the earthquake in Taiwan today, we both agreed that we will stay away from the condo scene and sleep good at night… If that region gets hit with a strong earthquake, those condos will lose 50 to 75% of their value and good luck with getting a Filipino homeowner’s insurance company to follow up with what could be major repairs…
those are earthquake proof
@@kazu80089 Is that what they told you? Hahahahahahaha… I hope the calamity never comes, and only time will tell if they are indeed “earthquake proof “…
Try to take a look at pre selling Aurelia Residences along the 5th Ave BGC .. just across the Forbes Park village
But I were you … consider buying a 2nd owner condo in Arya Residences or The Suites
We looked at Arelia. Gorgeous units but very pricy. We have an episode there 😊
You should try to inquire to SMDC condos and DMCI condos that’s the one of famous condo here in the philippines
FIIIIRSSST!!
WOHOOO!
👏🏼👏🏼👏🏼👏🏼👏🏼
If you can somehow apply for dual citizenship you’re allowed to buy a land or a house.
Cyril yay, knowed by Making it Happen , Juicy Vlog and Kito Family. Hope you guys meet up soon.❤
She’s the best! 🤩💯
Nope she's not. Look at Juicy and Make it Happen Vlog condo, not resalable becoz its Megaworld and she sold them Units in McKinley and its not BGC actually. If she's the best she could have advised a better investments... she just want to make a sale. Look for Ayala projects it has different market and resale is much much attractive to buyers.
I would be very cautious with Megaworld developments. They have a history of overhyping their projects during preselling then underdelivering years after. Do your own research and due diligence with every developer before deciding on purchasing so you can manage your own expectations.
Good to know. Thanks.
I never understood if you're here long-term. Why waste your money in a home or rent to home bigger and cheaper? It's so expensive.
Hello! Perhaps you would also want to check Arcovia City, also a Megaworld development near BGC via C5 road. Same way to Bridgetowne but you'll come across it first from BGC. - from the guy who said Hi in One Boni mall 😁
That’s the first we’ve heard of it. Thanks! Hi 👋
We like the Uptown area as well. If your son likes Mitsukoshi, how about looking into The Seasons? They're right above Mitsukoshi. Would be very interested what you think of Federal Land's developments. They also have newly built towers on the other side, just across Mitsukoshi. Good luck!
We can’t wait to look at the seasons. We’ll head there when we’re back in BGC.
@@livethephilippines that's great, can't wait to see that video. Enjoy your trip!
Great episode. Great location.
Thanks! 🤗
and watch out for the building of the subway station there in BGC guys,it's comin very soon guys?it;s already in progress in some part of quezon city...
We are so excited about the subway! It will be right across the street from that building site.
@@livethephilippinesYes, it’s the Kalayaan Station, the subway station north of BGC.
What Condos are Facing Manila bay and proximity to Mall of Asia
As an Architect i love scale model
🫶
Hi colt from here san antonio zambales. Colt nice vlogger and you all nice
Thanks for watching! Have you seen Colt's channel? youtube.com/@coltinthewild
@@livethephilippines not yet sir
@@livethephilippines subscribed
Love the review condo ❤
Thanks! 🤗👏🏼
😂 brooklyn making fun of mom❤ . Mom: she's a gem 😂
why not purchase a villa out of the BGC ☺️
Brooklyn eating Skyflakes crackers was surprising how cute😆
Subdivision is better to buy property in the Philippines. You have a lovely house and garden
Big homes are great but we also love living in a city.
Buying a house is living with chickens, dogs and karaoke.
It's nice idea to invest in Philippines but don't fall into this high priced condo trap it's hard to re sell a condo afterwards, it's good if you really want to use it as your own home otherwise.. nah! re selling is hard. My husband and I purchased (not all at the same time) 4 units in SMDC and take note the prices aren't as high as what you're checking right now yet it's so hard to sell. If you want to purchase a condo and live on it, look for re-sellers in the area (BGC) who are also willing to bargain with the price most of them are in a hurry to sell it ... purchased their condos 5-6 yrs ago these are also ready to be occupied but of course you need to do your upgrades according to your desired interiors, in the end it may not as expensive as what you are checking right now.
That's super interesting feedback and insight. Selling a home is already stressful enough even when it just means dealing with listings, staging, showings, and closings... not being able to find a buyer would be frustrating!
Becoz its SMDC, they are even having a hard time to sold out the units of every condo development they have, too many units in one building, and way too many developments from different places.
Us pilipinos love your vlogs
🫶🫶🫶🫶
Please ask away from me also in regards to Megaworld☺️
how's the sturcture of the building? is it earthquake proof?
Awesome review 👍🏽
Thanks! Glad you enjoyed it 🤩🫶🤗
@@livethephilippines 👌🏽👌🏽👌🏽
14:17 Brooklynn's getting impatient .. 😁
She was so rambunctious that day!!
COME ON 100K SUBSCRIBERS
Getting so close!
Tell me your budget and I'll get you the most bang for your buck. That 160m php/~3m usd unit can be had for closer to 2.1m usd.
Awesome 👏
Thanks 🤗
What's the point of offering a pre-sale price that WELL EXCEEDS today's already all-time-high prices?????
Brooklyn, always hilarious!
She was on something special that day 😆
Love your videos! Would you mind covering Laya by Shang Properties and Portico by Alveo Land as well? They’re near Estancia which is outside of BGC, but still quite close by.
Well look into them 😊
So what she, Cyril", basically saying is that 40% are already allotted of for foreigners that are wealthy; buying off several lot/condo at once to resale at higher values to others. Is there a limit on how many you can purchase at once as a foreigners? I know its business, but this is sad if that is the case. No wonder Philippines wont let foreigners be able to own land.
We have no reason to believe a single investor is buying multiple properties. I don’t know if that is allowed or not 🤷♀️
It states in Philippine law. As a foreigners they should follow. 😊
Try the Megaworld Build in Pasig... it has the train to Clark and Manila... and will be ready by 2028 approx... perfect hub for island hopping....
Thanks for the tip!
megaworld has many issues you can search it up
Try getting a filipino citizenship in that case you are excluded in that 40%limit to foreigners in buying condo/s including land👍
We didn’t even know that was possible 🤔
I give you a heads up when you're Recording yourself going across the street and looking at the camera. Not a good idea. This is the Philippines they will run you over even at a cross walk. Be sure to look both ways, be safe.
You can try in the province area.Get a nice house with a pool for the price.You're renting a condo in BGC.
Amazing Manila ❤
💯😁
Good!
Thanks!